・The Repayment Assistance Plan (RAP) is set to replace current income-driven repayment options for federal student loans. ・Monthly payments under RAP scale with income, ranging from $10 minimum up to ...
・Borrowers with federal loans issued after July 1, 2026, will choose between the new Standard Plan or a new income-based option called the Repayment Assistance Plan (RAP). ・Existing borrowers must ...